Tex. Ins. Code Section 862.052
Prohibitions Relating to Life Insurance and Life Insurance Companies

(a)

An insurance company authorized by its charter to write fire, marine, lightning, tornado, or inland marine insurance in this state may not write life insurance.

(b)

An insurance company authorized to write life insurance in this state may not write fire, marine, or inland marine insurance or any other insurance described by Section 862.051 (Kinds of Insurance Authorized).

(c)

The commissioner shall enforce this section.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 862.052 — Prohibitions Relating to Life Insurance and Life Insurance Companies, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­862.­htm#862.­052 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 862.052’s source at texas​.gov